Meta Pledges to Avoid 2026 Performance-Based Layoffs Amid Internal Restructuring
Meta is scrapping its controversial 5% performance-based layoff strategy for 2026, opting for focused departmental reductions like the recent 10% cut in its Reality Labs division. This move aligns with CEO Mark Zuckerberg's pivot towards AI research and development, emphasizing streamlined efforts in high-priority sectors. The decision comes amidst mixed reactions, with employees expressing both skepticism and relief. By discontinuing broad performance cuts, Meta aims to stabilize morale while continuing to invest in promising AI initiatives.
Feb 16